1. The classification of debts under GAAP is split between current liabilities, where a company expects to settle a debt within 12 months, and noncurrent liabilities, which are debts that will not be repaid within 12 months. With IFRS, there is no differentiation made between the classification of liabilities, as all debts are considered noncurrent on the balance sheet. Develop at least two liquidity ratios for Unilever and explain why the classification of debt is or is not relevant for Unilever when requesting capital from the financial markets (debt and equity).